Nantong Masada News

Tokyo - Mitsubishi Heavy Industries Ltd. (MHI) has signed an agreement with Jiangsu Masada Heavy Industries Co Ltd., in Jiangsu Province, China, under which MHI is to license production and marketing of steering gears and deck machinery, based on company technology to Jiangsu Masada. Previously, in 2008, MHI licensed deck crane technology to Jiangsu Masada - then known as Nantong Masada Ship Machinery Co. Ltd. With the latest licensing agreement, Jiangsu Masada will now be able to establish a structure for providing hydraulic marine machinery in combination to its customers…

Nantong Masada Ship Machinery Co., Ltd., a Chinese company located in Nantong, Jiangsu Province, to which Mitsubishi Heavy Industries, Ltd. (MHI) licensed its marine deck crane technology, has completed production and delivery of its first MHI-licensed product. Delivery was taken by Jiangsu Hantong Ship Heavy Industry Co., Ltd., a major local shipbuilder. Nantong Masada aims to increase deck crane production in response to rapidly growing demand arising from a sharp increase in local construction of cargo ships, including bulk carriers.